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Lululemon’s stock soars 13% on revenue, earnings beat

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Lululemon Athletica Inc.’s stock vaulted 13% in extended trading Tuesday after the clothing retailer reported quarterly results that topped analyst revenue and earnings estimates, and offered strong full-year revenue guidance.

Lululemon LULU reported fiscal fourth-quarter net earnings of $119.8 million, or 94 cents a share, compared with net earnings of $434.5 million, or $3.36 a share, in the year-ago quarter. Adjusted earnings were $4.40 a share.

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